Tesla Motors Announces Major European Distribution Center in

Tesla Motors Announces Major European Distribution Center in the
Netherlands
New Facility Will Serve as Final Model S Assembly Point, Vehicle
Distribution Hub and Regional Service Center
PALO ALTO, CA and TILBURG, NETHERLANDS -- (Marketwire) -- 12/12/12 --
As a key step towards beginning worldwide distribution of Model S,
Tesla Motors (NASDAQ: TSLA) announced today that it will begin
operations this month at its new European Distribution Center in
Tilburg, Netherlands. This new facility will serve as Tesla's
European service and parts headquarters, as well as the final
assembly and distribution point for Model S vehicles sold in Europe.
General production of European left-hand drive Model S is planned to
begin in March 2013.
Tesla's new 62,000 square foot facility is centrally located to
enable efficient, timely and cost effective operations throughout
Europe. Starting this month, the new distribution center will begin
stocking parts for both the Tesla Roadster and Model S. In addition
to parts warehousing, Tesla plans to utilize this facility for
vehicle importing operations, final vehicle assembly and
distribution, service headquarters, technical training operations,
parts remanufacturing, collision repair and more. The new Tesla
European Distribution Center will lead to the creation of
approximately 50 jobs in the next few years.
Tesla's decision to locate the new European Distribution Center in
Tilburg is the result of almost two years of on-going cooperation
between Tesla, BOM Foreign Investments, NFIA (Netherlands Foreign
Investment Agency), CBRE Group, Inc. and the City of Tilburg.
About Model S
Model S is the world's first premium sedan built from
the ground up as an electric vehicle and has been engineered to
elevate the public's expectations of what a premium sedan can be. At
the heart of Model S is the proven Tesla powertrain, delivering both
unprecedented range and a thrilling drive experience. With a rigid
body structure, nearly 50/50 weight distribution and a remarkably low
center of gravity, Model S offers the responsiveness and agility
expected from the world's best sports cars while providing the ride
quality of a luxury performance sedan. Model S has received many of
the industry's most prestigious awards and acc
olades during its first
year on the market.
Model S offers multiple battery options that set the benchmark for
electric driving range. All batteries use automotive-grade
lithium-ion cells arranged for optimal energy density, thermal
management, and safety.
Without an internal combustion engine or transmission tunnel, the
interior of Model S has more cargo space than any other sedan in its
class and includes a second trunk under the hood. The Model S
interior features a 17 inch in-dash touchscreen with Internet
capabilities, allowing for streaming radio, web browsing and
navigation.
About Tesla
Tesla's goal is to accelerate the world's transition to
electric mobility with a full range of increasingly affordable
electric cars. California-based Tesla designs and manufactures EVs,
as well as EV powertrain components for partners such as Toyota and
Daimler. Tesla has delivered more than 2,400 Roadsters to customers
worldwide. Model S, the world's first premium sedan to be engineered
from the ground up as an electric vehicle, began deliveries to U.S.
customers in June of this year. Tesla has already received more than
13,000 reservations worldwide for Model S.
Individuals interested in employment at the Tesla European
Distribution Center in Tilburg should send resumes and inquiries to
tilburgrecruitment@teslamotors.com.
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Forward-Looking Statements
Certain statements in this press release,
including statements regarding the plans for the new Tesla European
Distribution Center, are "forward-looking statements" that are
subject to risks and uncertainties. These forward-looking statements
are based on management's current expectations. Various important
factors could cause actual results to differ materially, including
the risks identified in our SEC filings. Tesla disclaims any
obligation to update this information.
Tesla Motors Media Contacts:
Kathrin Schira
kschira@teslamotors.com
+49 151 161 59991
Roberto Toro
rtoro@teslamotors.com
+39 342 5000 743
Christina Ra
cra@teslamotors.com
+1 310 795 8584